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20121204
20121204
Search Results 0 to 10 of about 11 (some duplicates have been removed)
about giving more money to the least competent pele in america, the politicians in washington. you're talking about giving them the extra money so they could have bigger government. the fact that they're taking that money frommus in a less bad way i suppose that is good news but we're still taking one step after another in the wrong direction. at the end of that journey the destination is greece or spain or italy. melissa: right. >> we have t figure out how to get control of intitlements. the while house refuses to have adult conversation about that. melia: neither of these proposals, neither side gets us closer to closing the enormous gap you're talkin about. i say over and over again and if this was your household and bills were so far out of line with what the revenue was you could get very serious very quickly. these people do not seem to do that. for republicans is it looking more and more palatable to go over the cliff at this point? >> depends on how dogmatic obama is. like selling a car on craig's list and put it up for 5,000 and really take 4500. someone offers you 4,000.
. that is a major issue that the people out in america are not even aware of. why isn't the speaker and the republicans bring that up from about? see how many democrats vote to have the president be in control of the debt ceiling. gerri: is it a good idea to give the white house the checkbook? >> it's a very bad iea. wh is amzing is that the white house of spending all this money to monterrey's taxes, is also asking for no limit on the national debt. they were planning on raising the debt by 8 trillion over the next decade. there really want to tell us that is not eough and they have to have no limit? this is very bizarre. they have really shown there hand in andd way. the mast is dropped on where they seem to want to take this. but michael was out in greece. he might tell us what happens when you allow tax increases to chase after spending and you don't have any restraint in all, however works out. gerri: california's just approved a $6 billion tax hike. what can you tell us about our future? >> it is retroactive. active january 1st of 2 dozen 12. it does not start ne yar. it alrea
on working people in america. sheila jackson-lee is democratic congresswoman from texas. she joins us in a fox business exclusive to tell us why. congresswoman, thanks so much for coming on the show. let me get your reaction to what you just heard? >> melissa? melissa: were you able to hear the discussion that came before you? we were talking about comparing all the plans side by side, whether it was going over the cliff or it was the republican plan or the white house's plan on what we should do to avoid going over the cliff. the main point we came to at the end, none of it really does anything to tackle the debt and deficit. what do you think about that? >> first of all, melissa, one thing i want to say to the american people we're all unified, and that is, completely different matter just to say syria will not get weapons of mass destruction and destroy not only their people but those around the surrounding areas. we're unified on that issue. i wanted to say that. i thank you for your courtesy allowing me to do so. melissa: we appreciate that. that is really important issue we're a
events ent -- vinces stuff. neil: great scott, great brita britain. neil: well, it is america versus mother country against this time no muss cet, u.k. sides u.s. companies like microsoft, and amazon, and starbucks of dodging taxes in the u.k., but all 4 companies are saying what they are doing is legal, and by british financial law, went their rights it is british government's fault for not closing the hoop holes that many of the companies are taking full advantage of. good to have you. >> thank you. neil: what do you make of this? >> put it this contact, for the moment, britain. david cameron came into power. neil: they are sweating a lot. >> they instigated deficit reduction it has been tough times, britain with a double dip recession this year, so, it is all about shared sacrifice, everyone from the queen, doing their bit. neil: does the queen sacrifice? >> she seen as not taking -- but all about everybody on the budget. then you have starbucks that found out, you can't move the starbucks in britain, taking away a lot of traditional british tea shops have you starbucks. it has mo
's not about rich people. that is a wonderful tradition in america. almost a hundred years ago congress decided and his wisdom that they went to encourage rebel to give more. they stimulate giving by creating a charitable deduction. it works. i will be stop making it work? >> stacey, to you. we also have some facts about what this will actually cost. if there were no churl deductions the cost of cherries would be some 7 billion per year the expectation that annual giving would drop by 36 percent. what would this cause the american society? talk to me about the services, the work that would not get done . >> well, you have to understand that if there is a cap at 28%, you're right, we estimate that could cause a nonprofit organization $7 billion. that is the combined budget of many of our largest national nonprofits. we rely on, our communities rely on every single night for important services. we've reduced the amount of charitable tone -- giving, that is on top of the already existing cuts that have been made and discretionary spending by the federal government and potentially more cuts in spen
in america more than a month ago. some businesses are still seeing the effects. shares of darden restaurants, that's the company that owns red lobster, olive garden, they are down today after the company announced it expects to make less money next year than it originally forecast. the company is blaming superstorm sandy for its lackluster performance. republicans submitted their solution to the fiscal cliff yesterday. white house and other democrats dismissed it immediately. take a look at how that affected the market this morning. not at all. the dow is up 43. 13,000 is where we are. liz macdonald says we will see is a last minute deal, christmas eve, new year's eve, on the fiscal cliff. we shall see. next, a special early my take. i am fired up about the prospect of ambassador anna wintour. i couldn't wait for the normal time. i'm going to do it early. stay right there. and one of the most cited economists in the world. professor sargent, can you tell me what cd rates will be in two years? no. that's why ally has ia raise your rate cd.n. ally bank. your money needs an ally. stuart: califo
. they want to raise the marginal tax rates for the upper earners of america. they are willing to allow a deal to lapse rather than have the tax rate rise. connell: maybe there is not a deal taking shape. they could say something like, we will raise these rates, but instead of $250,000, it has to be $500,000 or $1 million. there are ways to play a round with this. >> i think the republicans would lose, frankly, being the majority in the house. if they go ahead and give the president and democrats what they want, speaker banners speakership could be in trouble. dagen: democrats, for the most part, on the social security issue said, no, that is not happening. >> it seems to be the holy grail for the democrats. i do not think they are willing to do it. dagen: you have to get over 500 or something like that. >> i think they are more willing to make a deal on medicare than they would on obamacare. connell: force social security, like you said. dagen: and the president's plan, they want more stimulus spenddng. long-term unemployment benefits. >> these do not work. what i think we have seen over the
the nation of achievement, mainstream america usa to the nation of entitlement . i mean, that s to meet not only with the committee is brilliant. can we put that back up? i want to show you something. some might mess in that cartoon. if you look at the stamp in the upper right, and $0.0. it is a food stamp. i have to say, we are looking at a president who is willing, as you know, an assistant on $82 billion of tax increases on the so-called wealthy, the top@ 2%. and that is going to amount to just about nine days, almost nine days a lot bring the federal government's. more and more absurd proportions >> it really is absurd. when you think about it, the deficits cast, over a trillion dollars for the next four years. freckly this will add $80 billion a year. it is nonsense. it is a parody of reality, and the blood is not responsible about their duty is being fiscal managers for the united states. when you think about that, $20 trillion in four years. if you paid off a dollar a second you're talking about 670,000 years to pay is tough. the response is impractical, and when you look at the
straddling the flat wine. otherwise mcdonald's moving higher, banc of america, decent tech names like hewlett-packard flexing their muscles as well. hewlett-packard jumping 3%, $0.56, bottom fishing going on there, some of the story and until up nearly 2%, verizon and at&t are the weak links along with jpmorgan chase. traders at the stock exchange, cme group and nynex, gold traded as well, when gold dropped $26 overnight and continues through the day what was it like, floor? >> those guys were pretty busy today but $26 is not a huge move for $1,700 product. but clearly something is going on. liz: if it goes below $1,700 which is one of those levels gold bugs look at, that becomes a big deal. >> people have a love affair with round numbers. they get infected, $90 crude or $70 gold. they are just another number. gold is a strange party. we talked about a few times. i feel like it is overpriced based on this relationship to something like platinum where platinum traded well over bold and now is different but to see that the dollar is lower and gold is lower there are players who have issues or a
Search Results 0 to 10 of about 11 (some duplicates have been removed)

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